In SummaryFormer NBA player Chris Webber brings a $50 million cannabis facility to Detroit that will include marijuana consumption, a dispensary and offer education on the industry.
Former NBA player and native Detroiter Chris Webber brought a new business venture to his hometown; a $50 million cannabis facility, which will be located in Detroit’s Corktown neighborhood.
The business will be a very unique operation as it will not only be a dispensary, but it will also be an organization where people can learn every aspect about the world of cannabis. This new venture will be 180,000 square foot facility.
“This will be the shining jewel of Michigan. Everything great in Michigan starts in Detroit,” said Webber in a written statement.
One of the spaces will be converted into Players Only Holdings, which will consist of a 60,000 square foot cultivation space. Another will be transformed into an 80,000 –square foot dispensary, along with an intimate lounge for marijuana consumption.
The facility will be nine acres of property along Michigan Avenue. Webber is searching for Black-owned architectural firms and general contractors to work on this project in the fall of 2021. The initial phase is expected to be done by March of 2022.
“This Detroit training and operations facility is only the first step in bringing tangible opportunities to the people of this city—one that means so much to me—while eliminating barriers to an industry with unlimited economic potential,” Webber said.